News and AnalysIs for

MexIcan Hydrocarbons Industry Stakeholders

Search for your article of interest

Recent News

The International Monetary Fund (IMF) has reduced Mexico´s growth expectations for the next two years. The oil crisis and the poor performance of the United States were the main reasons to make this decision.

Usefulness:

The State-Company will continue the oil exploration and extraction activities in Chicontepec next year. According to the Budget Expenditure Project of the Federation (PEF) 2017, Pemex will invest MXN$2.7B in oil works in the municipalities of Francisco Z. Mena, Pantepec and Venustiano Carranza.

Usefulness:

Pedro Joaquín Coldwell, Secretary of Energy, said that Mexico has tripled its clean energy capacity. In last power auctions, private firms acquired 98% of solar and wind capacity in the country, according to a report in Milenio.

Tuesday, October 4th, 2016

Usefulness:

Fracking is a controversial extraction technique but it seems that the government will allow this methodology in the country. Secretary of Energy, Pedro Joaquín Coldwell said the administration is preparing a tender to explore shale deposits, according to a report in Milenio.